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TGS Esports (TGS Esports) Tangible Book per Share : $-0.02 (As of Mar. 2022)


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What is TGS Esports Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. TGS Esports's tangible book value per share for the quarter that ended in Mar. 2022 was $-0.02.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


TGS Esports Tangible Book per Share Historical Data

The historical data trend for TGS Esports's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TGS Esports Tangible Book per Share Chart

TGS Esports Annual Data
Trend Jun20 Jun21
Tangible Book per Share
-0.03 -0.01

TGS Esports Quarterly Data
Jun19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only - -0.01 -0.01 -0.01 -0.02

Competitive Comparison of TGS Esports's Tangible Book per Share

For the Entertainment subindustry, TGS Esports's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TGS Esports's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TGS Esports's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where TGS Esports's Price-to-Tangible-Book falls into.



TGS Esports Tangible Book per Share Calculation

TGS Esports's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.223-0-0.637)/136.475
=-0.01

TGS Esports's Tangible Book Value Per Share for the quarter that ended in Mar. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.501-0-0.615)/138.444
=-0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


TGS Esports  (OTCPK:TGSEF) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


TGS Esports Tangible Book per Share Related Terms

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TGS Esports (TGS Esports) Business Description

Traded in Other Exchanges
N/A
Address
4211 No. 3 Road, Richmond, BC, CAN, V6X 2C3
TGS Esports Inc is engaged in the business of providing and hosting esports events, tournaments, and leagues at both the amateur and professional levels both online and in person. Also, the company has an esports stadium to play and watch sports.